$369,900 Price Analysis 1543 Highway 1Ely, MN 55731 2 bed 1 bath 1,392 SqFt ($265/SqFt) 4.4 acre lot. Built 1968 Listed 2024-01-29, Taxes $1,812 | ✓ USDA Eligible near Ely, MN |
This property is a few miles from the Boundary Waters and the famous Kawishiwi River/Birch Lake chain, which offers excellent year-round recreational activities. This ranch rambler-style house is an affordable option for those who are not yet ready to retire but are looking for a place to relax and enjoy the beauty of Ely. It's an excellent option for people looking to downsize, with a sizeable 4.4-acre yard and garage. The house has two bedrooms, a bathroom and an open living room/kitchen area with tiled floors. The living room overlooks an expansive deck perfect for watching the Northern Lights. The lower level of the house has a bar/recreational area and two bonus rooms that could be turned into bedrooms by installing egress windows.
The 10 x 19 utility room has a washer, dryer, fuel oil furnace and an off-peak electrical panel for two off-peak storage heat units. The sizeable recreational deck wraps around the west to east of the north side of the home, extending the seasonal recreational area. This home has a large yard with two horseshoe pits, a generous open lawn and a garden area. The large 36 x 60 garage has one 10-foot and one 8-foot door, providing plenty of space for washing or repairing vehicles and recreational vehicles. The garage is insulated and heated with in-floor heat and has a year-round insulated underground waterline service to the garage, complete with a water heater. The garage has an enormous indoor kennel with an insulated/lockable pet door to access the outdoor run. A large, professionally installed chain-link fence has been added to protect and contain dogs or other pets. As soon as weather permits, the septic system will be upgraded from Non-Conforming to compliance this spring.
Presented by Jerry Fink at
Canoe Capital Realty, LLC.
Property MLS #6112066 from LakeSuperiorAreaRealtors
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $142,408 + $33,556 $175,964 | $1,812 |
2021 | $132,836 + $33,209 $166,045 | $1,844 |
2020 | $132,836 + $33,209 $166,045 | $1,686 |
2019 | $105,245 + $34,422 $139,667 | $1,346 |
2018 | $105,245 + $34,422 $139,667 | $1,334 |
2017 | $92,948 + $32,440 $125,388 | $1,194 |
2016 | $92,900 + $32,500 $125,400 | $1,166 |
2015 | $92,900 + $32,500 $125,400 | $1,184 |
2014 | $91,200 + $32,300 $123,500 | $1,151 |
2013 | $91,800 + $35,500 $127,300 | $1,199 |
2011 | $86,800 + $43,200 $130,000 | $922 |
2010 | $113,800 + $51,000 $164,800 | $1,028 |
2009 | $113,800 + $51,000 $164,800 | $1,122 |
2008 | $111,800 + $50,100 $161,900 | $1,133 |
2007 | $101,800 + $39,000 $140,800 | $1,019 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.